In the Very Short Run, the Components of Aggregate Planned

question 230

Multiple Choice

In the very short run, the components of aggregate planned expenditure that depend on the level of real GDP are

• A) planned government expenditure on goods and services and planned imports.
• B) planned investment and planned imports.
• C) planned consumption expenditure and planned imports.
• D) planned investment and planned exports.

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Definitions:

Advertising Activity

Actions or efforts taken to promote products, services, or brands to potential customers through various media channels.

Product Distribution

The process of making a product available to the consumers through a chain of supply, involving transportation, warehousing, and retailing.

Sales Growth

An increase in sales revenue over a specified period, indicating the performance improvement and market acceptance of a company's products or services.